E(X) = μ and V(X) = σ2 is for which distribution?
In Normal distribution, the mean and variance is given by μ and σ2 respectively. In case of standard normal distribution the mean is 0 and the variance is 1.
Which school of economic thought suggested that one possible cause of inflation was a ‘push’ from the cost side?
A decrease in the tax to GDP ratio indicates which of the following:
Slowing economic growth rate
Less equitable distribution of national income
Select the correct answer using the code given below:
For which of the following consumption functions, the value of income multiplier, k=4?
For goods x1 and x2 with prices P1 and P2, if dx1/dP2 is positive then,